Mt. Gox Repayment Date Delayed Again

The latest public document published on Mt.Gox’s website on August 31 reveals the “Assignment, etc. Restriction Reference Period” has been accepted by the court and starts on September 15 and ends at an undefined period. Notably, this does not imply that payouts shall begin on September 15, 2022. According to Django Bits, an alleged operator of a channel for Mt. Gox creditors, this process of repayment could drag on for months if not years. "As mentioned before, the trustee is not yet ready to pay out. There will be a KYC process, he has to explain how payouts will happen etc, he has to collect bank account data, and so on. This will drag on for months if not years. Nothing the trustee does is quick."